About This Home

This 0-bedroom, 0-bathroom multi-family at 201 203 Remsdale Street in Toccoa, GA is listed for $224,900. Built in 1981, on a 0.25 acres lot.

Key Features

  • Built in 1981
  • 0.25 acre lot
  • 5 parking spaces

Property Details

1 story
5 spaces
1981

Amenities

A/C
Listing Description

### INVESTOR ALERT | MULTIPLE INCOME STREAMS! Looking for an investment property with existing rental income and additional value-add potential? This unique Toccoa property offers two residential units plus a detached 24' x 30' garage/workshop, creating multiple opportunities for income and future expansion.

LARGE APARTMENT Recently refreshed, move-in ready, and currently vacant. This spacious apartment offers approximately $1,200/month in estimated rental income, including utilities, along with a convenient laundry hookup. STUDIO APARTMENT Currently occupied and producing $900/month in rental income, including utilities.

DETACHED GARAGE/WORKSHOP The impressive 24' x 30' building features two roll-up doors, a pedestrian entrance, and a full bathroom. Estimated rental potential is approximately $800/month as a workshop or storage space. There may also be potential to explore conversion to additional living space, subject to applicable approvals and requirements.

POTENTIAL MONTHLY INCOME * 2 Bed/1 Bath Apartment: $1,200/month (available) * Studio Apartment: $900/month, currently occupied * Garage/Workshop: Approximately $800/month * Potential total: Approximately $2,900/month Additional highlights include low operating costs, two separate water meters, utilities averaging approximately $200-$300/month, and insurance of approximately $900/year.

Whether you're an investor looking to expand your portfolio or an owner-occupant looking for additional income, this property offers flexibility, existing cash flow, and multiple possibilities for future value. A unique opportunity to own a property with multiple income-producing components - and room to potentially create even more value.

Monthly Cost Estimate

$1,203/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66

Estimates only. Actual payments may vary.

Location

201 203 Remsdale Street

Toccoa, GA 30577

Property Details

Construction

Wood Siding

Cooling

Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 201 203 Remsdale Street is listed at $224,900. The estimated monthly payment is $1,203 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1981, 0.25 acre lot, 5 parking spaces.

This property is listed by Joni Scott.

JS

Joni Scott

Agent at Hammock Realty North Georgia

Listed by Hammock Realty North Georgia · Broker phone: (706) 491-0325 · View on Broker Site · Broker website

MLS# 10855991· Source: Georgia Multiple Listing Service· 246 days on PropertySimple

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

201 203 Remsdale Street, Toccoa, GA 30577

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